Japan's Sumitomo Electric Industries (SEI) said it has completed the construction of a 1 MW concentrator photovoltaic (CPV) power generation plant in the Ouarzazate city in Morocco. This is the company's first megawatt-class CPV project.

Japan's Sumitomo Electric Industries (SEI) said it has completed the construction of a 1 MW concentrator photovoltaic (CPV) power generation plant in the Ouarzazate city in Morocco. This is the company's first megawatt-class CPV project.

Trading house Sumitomo Corp said on Monday it had won a $300 million order for a 400 MW gas-fired power plant in Turkmenistan, part of a package of deals announced on a visit to the Central Asian nation by Japanese Prime Minister Shinzo Abe.

PetroRabigh, a joint venture between Saudi Aramco and Sumitomo Chemical, said the maintenance work at one of its facilities, will affect the company's second quarter results by SR69 million ($18.4 million).
The Saudi-based Pet

Saudi Arabia's PetroRabigh said its founding shareholders had formally invited banks to provide financing for the SR32 billion ($8.5 billion) expansion of its petrochemicals complex in the kingdom.
No figures for how much cash

Saudi Arabia's PetroRabigh said its founding shareholders had formally invited banks to provide financing for the SR32-billion ($8.5 billion) expansion of its petrochemicals complex in the kingdom.
No figures for how much cash

Saudi Arabia's PetroRabigh said its founding shareholders had formally invited banks to provide financing for the SR32-billion ($8.5 billion) expansion of its petrochemicals complex in the kingdom.
No figures for how much cash

Saudi Arabia's PetroRabigh is gradually resuming production after a technical failure at one of its units forced a shutdown of some operations on Saturday, the petrochemicals producer said in a bourse statement on Sunday.
The

Saudi Aramco and Sumitomo Chemical will transfer ownership of a planned 32 billion riyal ($8.5 billion) petrochemical facility to their joint venture PetroRabigh, the venture said on Sunday.
The new facility, known as Rabigh II, i

The expansion of a petrochemicals complex in Saudi Arabia owned by Saudi Aramco and Sumitomo Chemical is now expected to cost 32 billion riyals ($8.5 billion), higher than previously estimated, the joint venture said.
The expansio